Cathay Pacific reports 1H profit
Credit: Courtesy, Airbus
Cathay Pacific Airways has reported a first-half net profit of HK$24 million ($3 million). Although the profit was slim, it marks a major reversal from the net loss of HK$929 million for the same period last year. Operating revenue decreased 0.5% to HK$48.6 billion while operating costs rose 3.3% to...
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